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#Foreign fund
citizenrecord · 10 months
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Markets extend correction from life-time peaks
Foreign fund outflows and crude oil prices hovering above USD 80 per barrel also weighed on equity markets.
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MUMBAI: Equity benchmark indices declined in early trade on Monday, extending corrections from their life-time peaks for the second consecutive session, dragged down by index heavyweight Reliance Industries after the company missed street estimates due to weak performance in oil-to-chemicals (O2C) business.
Foreign fund outflows and crude oil prices hovering above USD 80 per barrel also weighed on equity markets as traders were awaiting the US Federal Reserve’s monetary policy decision to be announced this week.
The 30-share BSE Sensex declined 87.24 points or 0.13 to 66,597.02.
The broader NSE Nifty fell 10.65 points or 0.05 per cent to 19,734.35.
From the Sensex pack, Kotak Mahindra tanked more than 3 per cent and Reliance tumbled close to 2 per cent in the initial trade.
“RIL Q1 Results misses street estimates due to weak performance in oil-to-chemicals (O2C) business on account of a sharp reduction in crude oil prices and lower price realisation of downstream products,” said Prashanth Tapse, Sr VP Research analyst at Mehta equities Ltd.
JSW Steel, Tata Steel and Tech Mahindra were other laggards.
On the other hand, Mahindra & Mahindra and Larsen & Toubro gained more than 1 per cent.
IndusInd Bank, Axis Bank and Tata Motors were among other gainers.
Of the 30 stocks, 18 were trading in green while on the 50-stock index Nifty, 27 were in positive territory.
“The near-term market trend will be influenced by a host of factors like the recent Q1 results, some major results expected this week and policy decisions like the Fed meeting outcome on Wednesday,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said in his market outlook.
Vijayakumar further noted that the Fed is likely to raise the rate by 25 bp on Wednesday, but the market movement will be decided by the commentary of the Fed chief regarding future inflation and rate trends.
Investors may wait and watch these events unfold.
On Friday, both the indices settled more than 1 per cent lower in the previous session, snapping their six-day record-breaking rally.
The BSE benchmark tumbled 887.64 points or or 1.31 per cent to settle at 66,684.26 on Friday.
NSE Nifty fell by 234.15 points or 1.17 per cent to end at 19,745.In Asian markets, Nikkei 225 was up 1.38 per cent, while the stock markets in Hong Kong and Shanghai were not trading.
The US markets ended broadly higher on Friday.
Global oil benchmark Brent crude was trading 0.14 per cent lower at USD 80.96 a barrel.
Foreign Institutional Investors (FIIs) were sellers on Friday as they sold equities worth Rs 1,998.77 crore, according to exchange data.
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blluespirit · 4 months
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i wish that there was more time between the day of black sun and sozin's comet bc zuko's official desertion from the fire nation would have the most insane ripple effects (and it would be nice to see the gaang interacting a bit more than we got but hey i'll take what i can get)
zuko's desertion would have been essentially impossible for the fire nation to bury since it was such a big deal that he returned at all. so i imagine the smear campaign against zuko would have been craaazy. i think it would have been interesting for the gaang to try and deal with that when navigating the FN. zuko would be very recognisable i think at this point, and it would have made staying hidden much harder. would they still have chosen ember island? maybe the kids didn't recognise zuko and azula during The Beach , but with the prince of the fire nation committing treason would there be more wanted posters? would there be more talk around the island? would zuko have to remain hidden while the rest go out and get food?
i wonder if zuko deserting and very meaningly committing his loyalty to the avatar influenced other soldiers in the FN to also desert? or would it have had the opposite effect and made people feel more patriotic since zuko was banished, returned under the guise of having killed the avatar, and then left when aang announced his survival to world during the failed invasion?
SPEAKING OF THAT!! the rumours around this would be INSANE. we know what really happened, but the public don't. did zuko and the avatar plan this so that there would be an inside man during the invasion and then zuko used that chaos to escape? what really happened in ba sing se if zuko didn't kill aang, but azula thought that he did? (again: we, the audience know the truth, but the general public don't). if zuko and the avatar where working together... for how long? was iroh involved somehow since he also disappeared the same time that zuko did? did iroh get captured on purpose to be close to zuko to possibly help him if needed? did zuko break iroh out of jail or did one of the guards or was iroh alone? you could spiral on this as just an average person in the avatar world for years like. if youtube existed in atla imagine the video essays breaking down all the conspiracies
its a kids show so obviously Nothing Bad Happened BUT in the Boiling Rock, zuko getting found out as not only an imposter (already, a very bad situation), a traitor (extremely bad), AND the traitorous (ex) prince of the fire nation (devastatingly terrible) would have been... incredibly dangerous for zuko. in zuko and iroh's original wanted poster, the official translation says “Permission is granted to kill them on sight” and this was before zuko has gone right ahead and committed Treason On Purpose. the warden is not going to be nice. when the warden visits zuko in his cell he literally tells him "If these criminals found out who you are, the traitor prince who let his nation down, why they'd tear you to shreds." the boiling rock would be hell trying to survive. it also puts a lot more weight on zuko refusing to leave sokka in their first escape attempt. also ozai obviously knew that he has his son was in prison bc he... broke in to the prison bc azula was there but then zuko manages to escape with sokka (another imposter) and suki and hakoda (POWs) and chit sang (a prisoner) and two of azula's trusted friends end up in prison for treason as well i just. that is literally insane for the average person to hear about. again, THE CONSPIRACIES!!
when zuko eventually does take the throne there's a lot of conjecture around what zuko did while he was banished and moreso, what he did the second time he left, this time voluntarily. i think zuko's loyalty would be questioned a lot; by other world leaders who are understandably wary about the fire nation and its motivations, but also by its own people - some who believe that zuko is a traitor to his country and is trying to sabotage it since he helped end the war.
idk these are all just me rambling but it would been so interesting to explore the implications of zuko leaving the fire nation and how that would have impacted the gaang and how they interacted with others in their travels. there are so many fic where zuko joins the gaang early, but neither myself with the aus that I have written, nor many that ive read have explored this very much or at all.
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andpierres · 6 months
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i'm sorry but saying how much you hate people not wanting to vote for biden anymore isn't gonna make them want to vote for biden. in fact the thing that will get me to vote for biden would be him doing things ro earn my vote. you know the way that voting works and all
incidentally biden would be much more likely to get my vote if he stopped directly aiding and abetting a fucking genocide but like whatever i guess
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belle-keys · 2 months
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Wow... maybe I actually pulled a Babel?
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clotpolesonly · 9 months
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i wonder what kind of money laundering scheme the Lynches had set up, cuz ain't nobody nowhere believed that that cattle farm would make them multi millions of dollars
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Tim Campbell
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LETTERS FROM AN AMERICAN
February 29, 2024
HEATHER COX RICHARDSON
MAR 1, 2024
Today’s story is that in the negotiations to fund the government and pass the national supplemental security bill, MAGA Republicans appear to be losing ground. Biden appears to be trying to weaken them further by making it clear it is Republicans, not Democrats, who are preventing new, strict border security legislation.
The first of two continuing resolutions to fund the government for fiscal year 2024 will expire tomorrow. Fiscal year 2024 began on October 1, 2023, and Congress agreed to a topline budget, but it has been unable to fund the necessary appropriations because MAGA Republicans have insisted on having their extreme demands met in those measures. In this struggle, former president Trump has urged his loyalists not to give way, telling them in September 2023: “UNLESS YOU GET EVERYTHING, SHUT IT DOWN!” 
But a poll from last September showed that 75% of Americans oppose using brinksmanship over a government shutdown to bargain for partisan gain. 
After kicking the can down the road by passing three previous continuing resolutions, House Republicans a week ago expected a shutdown. But today they backed off. The House passed a short-term continuing resolution that pushes back the dates on which the two continuing resolutions expire, from March 1 and March 8 to March 8 and March 22. The vote was 320 to 99 in the House, with 113 Republicans joining 207 Democrats to pass the measure. Ninety-seven Republicans opposed the bill, as did two Democrats who were protesting the lack of aid to Ukraine. 
Tonight, the Senate approved the continuing resolution by a vote of 77 to 13. President Joe Biden is expected to sign it tomorrow. “What we have done today has overcome the opposition of the MAGA hard right and gives us a formula for completing the appropriations process in a way that does not shut the government down and capitulate to extremists,” Senate majority leader Charles E. Schumer (D-NY) said.
Trump opposes helping Ukraine in its fight to resist Russia’s invasion, and under his orders, MAGA Republicans have also stalled the national security supplemental bill, which contains Ukrainian aid, as well as aid to Israel, the Indo-Pacific, and humanitarian aid to Gaza. The measure passed the Senate on February 13 by a strong bipartisan vote of 70 to 29, and is expected to pass the House if Speaker Mike Johnson (R-LA) takes it up, but so far, he has refused.
Today, Representative Brian Fitzpatrick (R-PA) told reporters that “several” House Republicans are willing to sign a discharge petition to force Speaker Johnson to bring a national security supplemental measure to the floor for a vote. A simple majority can force a vote on a bill through a discharge petition, but such a measure is rare because it undermines the House speaker. With Johnson refusing to take up the Senate measure, Fitzpatrick and his colleague Representative Jared Golden (D-ME) have prepared their own pared-down aid measure. Fitzpatrick told CNN’s Jake Tapper Tuesday that “[w]e are trying to add an additional pressure point on something that has to happen.” 
Speakers from the parliaments of 23 nations wrote to Johnson yesterday and urged him to take up the Senate measure, saying that the Russian invasion of Ukraine has “challenged the entire democratic world, jeopardizing the security in the whole European and Euro-Atlantic area,” and that “the world is rapidly moving towards the destruction of the sustainable world order.”  
On Tuesday, Johnson met with President Biden, Vice President Kamala Harris, Senate majority leader Schumer, Senate minority leader Mitch McConnell (R-KY), and House minority leader Hakeem Jeffries (D-NY) to discuss the importance of funding the government and passing the national security supplemental bill. There, he was the odd man out as the other five pressed upon him how crucial funding for Ukraine is for U.S. national security.
Yesterday, Johnson told Fox News Channel personality Sean Hannity that the leaders told him he was “on an island by myself, and it was me versus everyone else in the room.” He went on: “What the liberal media doesn’t understand, Sean, is that if you’re here in Washington and you’re described as a leader that’s on an island by themselves, it probably means you’re standing with the American people.” 
But an AP-NORC poll released today shows that it is not Johnson but the others at that meeting who are standing with the American people: 74% of Americans, including 62% of Republicans, support U.S. aid to Ukraine’s military. 
The struggle between Biden and Trump for control over U.S. politics played out starkly today as both were in Texas to talk about immigration. Both say the influx of migrants at the southern border of the United States needs to be better managed. But Trump blames Biden for what he compares to a war in which an “invasion” of criminal “fighting-age men” are pouring over the border. (NBC News noted that “there is no evidence of a migrant-driven crime wave in the United States” and that, in fact, their review of crime data ”shows overall crime levels dropping in those cities that have received the most migrants.”)
Trump promises he would solve immigration issues instantly with executive orders, although his orders during his term faced legal challenges.  
In contrast to Trump’s promise to dictate a solution, Biden emphasized that the government should work for the people. In Texas, he noted that the federal government has rushed emergency personnel and funds to the state to combat the deadly wildfires there that have burned more than a million acres, and he urged Congress to pass a law to address border issues, as he has asked it to since he took office. 
Such a measure is popular, and earlier this month, Trump undermined a bill that was tilted so far to the right that it drew the support of the U.S. Chamber of Commerce, the Wall Street Journal editorial board, and the U.S. Border Patrol union. Senators from both parties had spent four months hammering the bill out at the insistence of House Republicans, who then killed it when Trump, apparently hoping to keep the issue open for his campaign, told them to. 
Today, Biden urged Congress to pass the $20.2 billion bipartisan border bill that would, he said, give border patrol officers the resources they need: 1,500 more border agents, 100 cutting-edge machines to detect and stop illegal fentanyl, 100 additional immigration judges to deal with the backlog of cases, 4,300 more asylum officers, more immigrant visas, and emergency authority for the president to shut the border when it becomes overwhelmed. 
Biden spoke directly to Trump: “Instead of playing politics with the issue, instead of telling members of Congress to block this legislation, join me, or I'll join you, in telling the Congress to pass this bipartisan border security bill. We can do it together…. Instead of playing politics with the issue, why don't we just get together and get it done. Let’s remember who the heck we work for. We work for the American people, not the Democratic Party or the Republican Party. We work for the American people.”
Trump may not share that perspective. Last night, Maggie Haberman and Andrew Higgins of the New York Times reported that Hungarian prime minister Viktor Orbán, who has undermined democracy in Hungary, will visit Trump at Mar-a-Lago next week as Trump scrambles to find the more than half a billion dollars he needs to pay the fines and penalties courts have ordered. “We cannot interfere in other countries’ elections,” Orbán said last week, “but we would very much like to see President Donald Trump return to the White House.”
LETTERS FROM AN AMERICAN
HEATHER COX RICHARDSON
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notmoreflippingelves · 4 months
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Every year, I tell myself that I should really consider taking off work for Father Brown premiere day, and then it comes around and I forget to do it, and I spend all day thinking about how I would so much rather be sitting cozy under a million blankets and going back to Kembleford than being forced to do boring work things.
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House Republicans are working on new legislation to prevent foreign nationals from influencing America’s political process, Axios has learned.
Why It Matters: The last two presidential elections have been colored by allegations that foreign influence helped the GOP.
• Now House Republicans are trying to flip to script and draw attention to foreign donations to Democrat-aligned and progressive nonprofit organizations.
• Non-U.S. citizens can’t contribute to candidates, campaigns, or super PACs, but they can give to 501(c)(4) organizations, which are tax-exempt groups that can engage in general issue advocacy, and support state ballot initiatives.
Driving The News: Rep. Bryan Steil (R-Wis.) chair of the House Administration Committee, is introducing legislation to ban such groups from contributing to political committees for four years if they accept foreign donations. He also wants to bar foreign nationals from giving to state ballot initiatives.
• “American elections are for American citizens,” Steil told Axios, ahead of a hearing his committee is holding in Atlanta today on election integrity. “Yet foreign nationals still find ways to influence American elections.”
• “The American Confidence in Elections (ACE) Act will close loopholes that foreign nationals are exploiting to funnel money to super PACs or ballot initiatives,” he said.
• His hearing will draw on a new report from a conservative group, the Americans for Public Trust, which tries to show how Hansjörg Wyss, a Swiss billionaire, has influenced U.S. elections and policy through two nonprofits he controls: The Wyss Foundation and the Berger Action Fund.
• “It’s time for Congress to close the foreign influence loophole that allows foreign dark money to flood the American electoral and political system," said Caitlin Sutherland, executive director of Americans for Public Trust.
The Other Side: "The Berger Action Fund does not support or oppose political candidates or parties, or otherwise engage in political campaigns," said Marneé Banks, a spokesperson for the Wyss Foundation and the Berger Action Fund.
• "Berger complies with all rules governing its activities and has established strict policies prohibiting funding from being used for get-out-the-vote or voter registration," she said.
• "We also support increasing transparency and accountability in our campaign finance system through the DISCLOSE Act."
The Big Picture: The combination of artificial intelligence, social media and unregulated spending will make the 2024 presidential election vulnerable to foreign interference on behalf of both parties.
• Malicious foreign actors, including Russia’s Yevgeny Prigozhin, head of the Wagner Group, have boasted about how they ran influence campaigns in America during the last presidential campaign — and plan to do it again.
• Meanwhile, big tech companies are relaxing some of their policies designed to curb misinformation around COVID-19 and the 2020 election, making 2024 more of a free-for-all on social media.
• State and local election officials can work to safeguard the voting process, but in a free and open society it’s close to impossible to prevent foreign actors from trying to persuade Americans via open — or clandestine — influence campaigns.
Zoom In: Conservative groups are zeroing in on Wyss as a poster child for how wealthy foreign billionaires can influence U.S. elections, alleging that he has pumped $475 million into the U.S. political system.
• In 2021 alone, his Berger Action Fund gave some $72 million to a dozen different nonprofit organizations, including the Sixteen Thirty Fund, which advocates for progressive causes, according to the Associated Press and tax filings.
• Those 501(c)(4) nonprofits, like the Sixteen Thirty Fund, can give directly to superPACs that support the Democratic agenda, the New York Times has reported.
• "The problem is that c4's are a bit of a black box when it comes to campaign finance laws," said Saurav Ghosh, the director of the Campaign Legal Center, a Washington-based nonpartisan watchdog group.
Flashback: Republicans and Democrats have been hit with big fines for accepting foreign money.
• Last year the Federal Election Commission fined Barry Zekelman, a Canadian billionaire, $975,000 for steering some $1.75 million to a pro-Trump super PAC in 2018.
• In 2019, the FEC issued $940,000 in fines to the super PAC supporting former Florida Gov. Jeb Bush's 2016 presidential bid and a Chinese-owned corporation that made illegal donations to it.
• In 2002, the FEC imposed $719,000 in fines in response to a 1996 Democratic Party fundraising scandal involving donations from China, Korea and other foreign sources.
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news4dzhozhar · 12 days
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There are so many US politicians on the AIPAC dole that a video had to be compiled to list them all. Both parties have no problem taking millions from a foreign assets lobbyists. Compare this list to those who signed that insane letter threatening the ICC at the Hague. Notice anything?
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sapphia · 1 year
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how many wga strike posts do i need to scroll past telling people where to find fresh content to watch before someone points out that america is not the only country that makes tv shows
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Lula and Georgieva hold a “good conversation”
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Brazilian President Luiz Inácio Lula da Silva Monday suggested International Monetary Fund (IMF) Managing Director Kristalina Georgieva should move on with the reform of the credit agency, among other issues they discussed during their “good conversation” in Brasilia where they also reviewed “social inclusion” and the “Poverty in the world” project.
 Lula said the IMF needs to be “more representative of today's world” and “capable of helping countries” that require financial support “under better conditions.” Also present at Monday's gathering were Brazil's Finance Minister Fernando Haddad, and former President and current President of the BRICS Bank, Dilma Rousseff.
Continue reading.
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kp777 · 5 months
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How the United States’ climate response has been lacking | Explained News - The Indian Express
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enagismos · 8 months
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our library had to withdraw fannie flagg's "fried green tomatoes" from our fund because of "gay propaganda". fuming
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kissycat · 1 year
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Straight up insane that you're born in a random country and most people live there for their whole lives . Does that make anyone else feel claustrophobic
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opti-mized · 2 years
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say what you want about 1984, but honestly I think it was very insightful to say that Russia, China, and the USA would eventually cease hostilities but pretend to be each other's enemies in order to scare their own citizens into submission
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